Principle 6: The Playbook
Board processes which ensure accountability and transparency
Through effective processes and continual review of its performance, the board is able to demonstrate accountability and transparency to its members and stakeholders.
Standard | 2021 Avg | 2022 Avg | 2023 Avg | |
---|---|---|---|---|
6.1 | The organisation has a Finance, Audit and Risk committee | 3.2 | 3.3 | 3.21 |
6.2 | The board shall appoint the chair and evaluate their performance | 2.5 | 3.0 | 2.79 |
6.3 | The board shall ensure that the CEO, upon leaving their role, is not appointed or elected to the board within 3 years | 3.1 | 3.3 | 3.46 |
6.4 | The board has rigorous processes for identifying and managing director conflicts of interest | 3.4 | 3.3 | 3.44 |
6.5 | The organisation reports on governance outcomes at both its Annual General Meeting (AGM) and in its Annual Report | 2.7 | 2.8 | 2.74 |